-
Gold And Silver Wealth Of Nations
1,156 wordsIn the first book of The Wealth of Nations, Adam Smith discusses the Variations in the Proportion between the respective Values of Gold and Silver. Throughout history, these two metals have been regarded as mints of significant value. Before mines were found in America, the difference in value between silver and gold was usually seen as proportionate, where one ounce of fine gold was considered equivalent to anywhere from ten to twelve ounces of fine silver. More recently, the values have change...
Free research essays on topics related to: silver, gold and silver, adam smith, wealth of nations, monetary system
Customer center
